By Asif shahzad Freelance Journalist
May 7, 2025 –$BTC Bitcoin has surged past the $97,000 mark for the first time in history, reigniting bullish sentiment across the crypto market. The flagship cryptocurrency is now within striking distance of the psychologically and symbolically significant $100,000 milestone, a level long anticipated by investors, analysts, and institutions alike.
A Historic Rally
The current rally marks one of Bitcoin’s most dramatic recoveries and price ascensions since its inception in 2009. After a volatile 2022 and a measured recovery throughout 2023 and 2024, Bitcoin’s price action in 2025 has been nothing short of explosive. Since January alone, BTC has climbed over 40%, driven by a combination of macroeconomic shifts, institutional inflows, and growing retail demand.
“This isn’t just a crypto story anymore—it’s a macroeconomic narrative,” says Claire Donovan, senior strategist at Galaxy Digital. “Bitcoin has proven itself as a hedge against inflation, a store of value, and a high-growth asset in an increasingly digitized financial ecosystem.”
What’s Fueling the Surge?
Several factors have contributed to the latest rally:
ETF Momentum: The approval and continued adoption of multiple spot Bitcoin ETFs in the U.S. and Asia have significantly increased accessibility for traditional investors.
